Sunday, August 16Nigeria's Authoritative Maritime News Magazine
Shadow

Tag: DG NIMASA

NIMASA SECURES APPROVAL FOR DISBURSEMENT OF CVFF.

NIMASA SECURES APPROVAL FOR DISBURSEMENT OF CVFF.

Maritime, News Feature, Port News, Press Release
After almost 13 years of an endless wait, the Nigerian Maritime Administration and Safety Agency  says it has finally secured approval for the disbursement of the controversial Cabotage Vessel Financing Fund. The Agency's helmsman,  Dr Bashir Jamoh  who broke the good news at a meeting with Shipowners in Lagos  said details for the disbursement  were being worked out. Dr Jamoh also announced that the December  2020 deadline for Single-hull Tanker Ban would not be extended. Bashir jamoh The Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Jamoh said,  remains steadfast in its decision to stop the use of single-hull tankers by December 31 this year. On the CVFF,  he said  the final details of the scheme were being worked out before commencem...
MARITIME AGENCIES ADOPT MODALITIES TO ADDRESS OVERLAPPING FUNCTIONS

MARITIME AGENCIES ADOPT MODALITIES TO ADDRESS OVERLAPPING FUNCTIONS

Breaking News, Maritime, Port News
Parastatals under the Federal Ministry of Transportation have agreed on modalities for handling areas of overlap in their responsibilities. Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, disclosed this in Lagos after a meeting of heads of the parastatals at the headquarters of the Nigerian Shippers Council (NSC).  Jamoh said the agreement followed the work of a ministerial committee, stressing that meetings like this are necessary to build synergy and create the right atmosphere for the overall progress of the economy.  He stated, “We have held the inaugural meeting for improved synergy and we hope to hold it on a monthly basis for the next four months. Due to the proximity of our corporate headquarters to each, a lot ...
SALLAH: DAKUKU URGES NIGERIANS TO EMBRACE LOVE AND PEACE

SALLAH: DAKUKU URGES NIGERIANS TO EMBRACE LOVE AND PEACE

Breaking News, Maritime, Press Release
·        Assures of Better Days Ahead The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has urged Nigerians to embrace love and ensure peaceful coexistence among one another as they celebrate Sallah. The NIMASA DG who said that sallah celebration is not only a time for merriment, but a time for sober reflections on happenings in the country, expressed optimism that Nigeria will overcome the challenges facing it in no distant time. “I wish to assure Nigerians that the President Muhammadu Buhari led Federal Government is very determined to take Nigeria to the next level, and this can only be achieved with the patience and cooperation of Nigerians”, he said. Speaking further, Dr. Dakuku...
Amaechi, Obaseki commend NIMASA DG’s leadership style

Amaechi, Obaseki commend NIMASA DG’s leadership style

Politics
- “He Has Reduced NIMASA Operating Cost By 50%” The Honorable Minister of Transportation, Rt. Honorable Rotimi Amaechi has described the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside as an epitome of good governance and great character, evident in his leadership style. The Minister stated this in Port Harcourt, River State at the weekend during an event, which was put together by friends and associates of Dr. Peterside to mark his birthday. Hon. Amaechi said the fact that the Management of NIMASA has been able to reduce running cost by over 50% in one year, and significantly improve revenue generation and remittance for the Federal Government is mainly due to the reliable and transparent disposition of the current manageme...
NIMASA: A revolving door no godfather can shut

NIMASA: A revolving door no godfather can shut

Business, Misc
By Pius Mordi In its 30-year history since the National Shipping Policy Decree 10 of 1987 set up the National Maritime Authority, over 12 substantive directors general have been appointed to head the agency that in August 2007 became the Nigerian Maritime Administration and Safety Agency (NIMASA). Within the period, about four people had run the agency in acting capacity. Invariably,  at less than 30 months actual time spent in office, it enjoys the unenviable reputation of having the highest turnover of chief executives among all agencies of the federal government. A common feature of the parastatal is that the number of its substantive directors general is directly proportional with the number of ministers of transport appointed over the period. Every new minister of transport always s...
NIMASA Under Peterside: Paradise Lost

NIMASA Under Peterside: Paradise Lost

Opinion
By Ubon Akpan At the Advent of this administration which was sold to Nigerians as a one with a reformist agenda, Dr. Dakuku Peterside was among the very set of political appointees announced by President Mohammadu Buhari. Which invariably means Mr. President had very little doubts and more trust on the capability of the man who flew the All Progressive Congress (APC) flag at the Rivers State gubernatorial elections as a capable hand strong enough to interpret the party’s reformist agenda at the Nigerian Maritime Administration and Safety Agency(NIMASA), a strategic economic arm of the federal government. However, two years down the line, operators and watchers of Nigeria’s maritime industry have been left wondering what has happened to the giant maritime parastatal, which when...
Celebrating Failure?

Celebrating Failure?

Business, Opinion
You were appointed to change the fortunes of NIMASA by President Muhammadu Buhari in May 2016, having lost the Governorship Election in Rivers State to Mr Project. Rather than do the job for which you were appointed, you decided to embark on a global jamboree unprecedented in the history of any government CEO. As at the last count you have made no fewer than 50 foreign trips in your 18 months in office. Put that in financial context ,and we should be talking about millions of dollars of tax payers money in estacodes, flight tickets and other incidentals. Is that how you would have governed Rivers State if you had been elected Governor? You lost IMO Council seat as a sitting AMAA Chair after an over N300m expenditure by the Nigerian delegation. You also in May this year blew N500m in ...
Total Spectrum Maritime Strategy Will Tackle Crime – Dakuku

Total Spectrum Maritime Strategy Will Tackle Crime – Dakuku

Breaking News, Law, Maritime
In line with the recent approval by the Federal Executive Council (FEC), the Nigerian Maritime Administration and Safety Agency, NIMASA is set to acquire strategic maritime safety and security assets, which are also in line with the total spectrum of maritime security strategy. The Director General of NIMASA, Dr. Dakuku Peterside who made this known in Lagos recently, also announced the establishment of a command and control center as part of the strategic initiative. “The four components of the initiative are situational awareness, response capability, law enforcement and local partnerships, and regional cooperation which are the fulcrum upon which tackling maritime crime will be built on”.  Dr. Dakuku noted that the implementation of NIMASA’s total spectrum maritime strategy in collab...
Amaechi, Ship Owners Fight Dirty over N100b Vessel  Financing Fund

Amaechi, Ship Owners Fight Dirty over N100b Vessel Financing Fund

Breaking News, Business, Maritime
The Minister of Transportation, Rotimi Amaechi on Thursday announced that he will not disburse the Cabotage Vessel Financing Fund (CVFF), dashing the hopes and expectation of indigenous ship owners, who have been waiting for the disbursement of the fund for more than a decade. This is even as the ship owners demanded the sack of Dakuku Peterside as Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) for his incompetence in running the affairs of the agency. Amaechi told a gathering of ship owners and key stakeholders who converged at a workshop and dinner organized by the Ship Owners Association of Nigeria (SOAN) that as long as he remains the minister, the fund will not be disbursed. The CVFF which currently stands at over $100billion was created solely t...
NIMASA did not spend anything close to N300m at IMO Election…Bashir Jamoh

NIMASA did not spend anything close to N300m at IMO Election…Bashir Jamoh

Maritime, Politics
Mallam Bashir Jamoh , Executive Director Finance and Administration at NIMASA, has said the maritime press goofed over claims that the agency spent a whooping N300m at the just concluded IMO Council meeting. ' I think the media got it all wrong. What NIMASA spent for the entire trip and the campaign was far less than N300m being peddled by the media', he said. It would be recalled that Nigerian for the third consecutive year failed to secure a seat in Category 'C' of the recent IMO Council Election in which five African countries got elected. African countries which came out at the election include Liberia, Kenya, Morocco, South Africa and Egypt. The loss was a huge dent on Nigeria's status as the current Chairman of African Maritime Administrators. Jamoh explained given Nigeria's pa...